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FT reports
Jessops in talks to renegotiate debt facility
By Gordon Smith
Published: January 30 2009 09:12 | Last updated: January 30 2009 09:12
Jessops, the photographic equipment retailer, is close to breaching its banking covenants it emerged on Friday.
The retailer, which has 230 stores across the country, said it was in discussions with HSBC, its lender, to renegotiate debt facilities after it failed to pass a crucial test of trading performance.
http://www.ft.com/cms/s/bd7b72a8-ee...2ac.html&_i_referer=http://www.ft.com/home/uk
Jessops in talks to renegotiate debt facility
By Gordon Smith
Published: January 30 2009 09:12 | Last updated: January 30 2009 09:12
Jessops, the photographic equipment retailer, is close to breaching its banking covenants it emerged on Friday.
The retailer, which has 230 stores across the country, said it was in discussions with HSBC, its lender, to renegotiate debt facilities after it failed to pass a crucial test of trading performance.
http://www.ft.com/cms/s/bd7b72a8-ee...2ac.html&_i_referer=http://www.ft.com/home/uk